Godrej Consumer Products has announced the declaration of an interim dividend at its Board Meeting held on January 23, 2026. The dividend is set at Rs. 5/- per Equity Share. The company has provided important information regarding the deduction of tax at source on dividend payments, including necessary updates and documentation requirements for shareholders to ensure accurate tax compliance. The record date for dividend payment is January 30, 2026.
Interim Dividend Announcement
At a Board Meeting held on January 23, 2026, Godrej Consumer Products declared an interim dividend for FY 2025-26, set at Rs. 5/- (Rupees Five Only) per Equity Share. The record date for determining shareholders eligible for this dividend is Friday, January 30, 2026.
Tax Deduction at Source (TDS) on Dividends
Godrej Consumer Products is required to deduct tax at source (TDS) from dividend payments as per the Income Tax Act, 1961. The applicable TDS rates will be applied at the time of dividend payment. Shareholders are requested to update their mandatory information to ensure accurate TDS deductions. The update deadline is Friday, January 30, 2026.
Mandatory Information Update for Shareholders
All shareholders are requested to update the following details through their Depository Participant (if shares are held in dematerialized form) or with MUFG Intime India Private Limited (if shares are held in physical form):
- Permanent Account Number (PAN)
- Aadhaar number (for individual shareholders)
- Residential status for FY 2025-26
- Category of shareholder (e.g., Mutual Fund, Insurance Company, Individual)
- Email ID
- Address
- Contact phone number
TDS Provisions for Resident Shareholders
For resident individual shareholders, tax will be deducted at 10% on the dividend amount if a valid PAN is provided. TDS will be deducted at 20% if PAN is not submitted or is invalid. No tax will be deducted if the aggregate dividend paid during FY 2025-26 does not exceed Rs. 10,000/-, or if the shareholder provides Form 15G/15H, subject to eligibility.
TDS Provisions for Non-Resident Shareholders
Tax is required to be withheld at applicable rates. However, non-resident payees may be governed by the provisions of the Double Tax Avoidance Agreement (DTAA), if more beneficial. For this purpose, non-resident shareholders must provide:
- Self-attested copy of PAN (if allotted)
- Tax Residency Certificate (TRC)
- Form 10F
- Self-declaration of no Permanent Establishment in India
Important Dates and Information
Shareholders must upload required documents no later than end of Friday, January 30, 2026, at https://web.in.mpms.mufg.com/formsreg/submission-of-form-15g-15h.html. No communication on tax determination/deduction shall be entertained thereafter.
Source: BSE
